PAC hearing into 2G losses called off

PAC hearing into 2G losses called off

Former CAG official R.P. Singh, who headed the 2G spectrum allocation audit, was expected to speak to PAC members about the differences. Mint reported on 6 September that Singh was of the opinion that the 2G loss could not be quantified, citing internal documents.

The CAG report, which has been discussed by the PAC, said that the spectrum allocation had cost the exchequer a presumptive loss of Rs65,000 crore-1.76 trillion.

Joshi had previously submitted a report to Lok Sabha speaker Meira Kumar, to which members of the Congress-led, ruling United Progressive Alliance had objected, leading to it being returned. The Congress party and its allies say PAC should not examine the 2G report as a Joint Parliamentary Committee is also investigating the matter.

Close